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Devon Energy (DVN -2.1%) shares slide for a second day after the company swung to a Q4 loss....

Devon Energy (DVN -2.1%) shares slide for a second day after the company swung to a Q4 loss. “While acknowledging the potential for aggressive strategic change at [DVN], our outlook for the stock was checked by an underlying asset story that was likely to disappoint," Deutsche Bank says, adding that flat production and cash flow estimates for this year and mounting debt are worries.
Comments (1)
  • katzm
    , contributor
    Comments (38) | Send Message
     
    Mounting debt worries?! Isn't DVN nearly net debt free?
    21 Feb 2013, 02:07 PM Reply Like
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